The company has secured contracts for the supply of electronic kits, cable and wire harness assemblies. The order is to be completed within a period of 12 months and a total cost of Rs 107,08,89,320.
DCX Systems is one of leading Indian manufacture of electronic sub-systems and cable harnesses in defence and aerospace sector. Operations of the company are classified as system integration, cable and wire harness assemblies, and kitting.
The company reported a 69.4% decrease in consolidated net profit to Rs 2.94 crore on 18.8% fell in revenue from operations to Rs 138.08 crore in Q1 FY25 over Q1 FY24.
Shares of DCX Systems slipped 2.94% to Rs 319.75 on Friday, 16 August 2024.
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